Name: SBI Long Term Equity Fund Direct Plan Growth
Brand: SBI Mutual Fund

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SBI Long Term Equity Fund Direct Plan Growth
Equity
ELSS
Very High Risk
3Y Lock Inlock
48.36%
1Y return
-0.40% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2021₹214.98
Min. SIP Amount₹500
Rating2star
Fund Size₹10,169.08 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns48.4%14.2%12.2%14.4%
Category average54.9%14.2%14.3%NA
Rank with in category271728NA
Understand termsinfo
Holdings (62)NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity5.3%
Tech Mahindra Ltd.TechnologyEquity4.2%
ICICI Prudential Life Insurance Company Ltd.FinancialEquity4.2%
Larsen & Toubro Ltd.ConstructionEquity3.6%
Crompton Greaves Consumer Electricals Ltd.Consumer DurableEquity3.3%
Cipla Ltd.HealthcareEquity3.3%
HDFC Bank Ltd.FinancialEquity3.2%
State Bank of India
FinancialEquity3.2%
Infosys Ltd.TechnologyEquity3.2%
Ambuja Cements Ltd.ConstructionEquity3.1%
See All
Pros and consCategory: Equity ELSS
Pros3Y Returns are higher than the category average returns
Exit load is zero
Cons1Y Returns are lower than the category average returns
5Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 1.23%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementDinesh Balachandran
Sep 2016 - Present
View Details
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Education
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
Also manages these schemes
SBI Contra Fund IDCW
SBI Contra Fund Growth
SBI Long Term Equity Fund IDCW
SBI Long Term Equity Fund Growth
SBI Long Term Equity Fund Direct Plan IDCW
SBI Long Term Equity Fund Direct Plan Growth
SBI Contra Direct Plan IDCW
SBI Contra Direct Plan Growth
SBI Dynamic Asset Allocation Fund Regular IDCW
SBI Dynamic Asset Allocation Fund Regular Growth
SBI Dynamic Asset Allocation Fund Direct Growth
SBI Dynamic Asset Allocation Fund Direct IDCW
Fund house & investment objective
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SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM4,99,821.43 Cr
Date of Incorporation29 Jun 1987
SBI Long Term Equity Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors o
SBI Long Term Equity Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Dinesh Balachandran is the Current Fund Manager of SBI Long Term Equity Fund Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,99,821 Cr and the Latest NAV as of 28 Jul 2021 is ₹214.98.
The SBI Long Term Equity Fund Direct Plan Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. ...Read more
Investment Objective
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and b
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
...Read more
Fund benchmarkS&P BSE 500 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	48.4%	14.2%	12.2%	14.4%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	27	17	28	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	5.3%
Tech Mahindra Ltd.	Technology	Equity	4.2%
ICICI Prudential Life Insurance Company Ltd.	Financial	Equity	4.2%
Larsen & Toubro Ltd.	Construction	Equity	3.6%
Crompton Greaves Consumer Electricals Ltd.	Consumer Durable	Equity	3.3%
Cipla Ltd.	Healthcare	Equity	3.3%
HDFC Bank Ltd.	Financial	Equity	3.2%
State Bank of India	Financial	Equity	3.2%
Infosys Ltd.	Technology	Equity	3.2%
Ambuja Cements Ltd.	Construction	Equity	3.1%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	2
Fund Size	₹10,169.08 Cr